Box#2 and Box#3, for me its looks that MMs wanted higher price for their shorts. See box#2, there is a high activity with the bearish pin bar on lows, with nice activity but the bar spread is narrow. Its not a bearish sign, cz if MMs want to run the bears on that level, the spread of the bar should be wider with very nice bearish activity from tops. I think, MMs not ready to run their shorts from that level. Then see, the reaction of the market - Nice bullish bars pushed the price upward to the higher level above half level 1.53500 (as key SR) - see box#3. that is a nice bullish candle on tops. is that bullish MMs? Wait! see how the reaction, price move upward on very tops- Box#4.